Aug 23 2011 | 10:49am ET
Ratio Asset Management, facing redemptions from two of its biggest investors, is closing its largest hedge fund and returning capital to clients.
The London-based firm, in a letter to investors earlier this month, wrote that "the catalyst" for the decision to liquidate the Ratio European Fund "has been fund redemptions by two of our largest long-standing investors and in light of this and continued market uncertainty, we believe this is the best course of action for our investors."
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…